We’re going live Monday, September 28 at 8pm ET — exclusively for paid Substack subscribers.
I’ll walk through who I am, how I trade, and how TTI fits into all of this. Then we’ll chart some tickers live. Bring your questions and a few names you want to look at — I want to get to know you guys while giving you as much value as I can.
Our Market Blueprint framework still does not show a confirmed primary downtrend, but participation has materially weakened over the past five trading sessions.
Those two things can be true at the same time. SPY and QQQ remain in confirmed advances, while the broader Market Desk read is an unconfirmed advance. Our current posture is Participate selectively.
But look underneath those index charts. From the September 17 close to the September 24 close, the share of stocks above their 50-day average fell from 29.45% to 23.89%. The share above the 200-day fell from 47.17% to 41.93%. Meanwhile, the number making 63-session closing lows rose from 82 to 212.
That is materially weaker intermediate- and longer-term participation over five trading sessions. It isn’t deterioration in every measure: short-term participation improved, credit is confirming, and our posture has moved back from Reduce aggression to Participate selectively. I still want to know which individual stocks could fail if the weakness continues.
This is why I start with the Market Desk. The Market Blueprint framework helps me separate the primary trend from the conditions underneath it, then decide how aggressively I want to trade. A weaker environment changes the decisions I make before every index chart has broken down.
Tonight, that means doing some preparation on the bearish side. If a stock loses support, I want to have already worked through the chart, the invalidation, and the room below it. Waiting until a big red candle gets everyone’s attention can leave you trying to build a plan after the entry has passed. That’s the work I want us doing inside TTI Membership. We can keep looking for strength while also knowing where weakness could become actionable. There’s no need to force the whole market into one opinion.
Tonight’s Breakdown Ready scan found 17 candidates across six sectors. The median TTI Score is 29, the highest is 40, and none scored 85 or higher. This is a bearish setup list, so the low scores describe weak bullish technical alignment. They aren’t bearish win probabilities, and the first row isn’t automatically the best short.
